Outpatient spine surgery spurring global spinal implants market growth: 4 notes

Written by Megan Wood | January 24, 2017 | Print  |

A ResearchMoz report predicted the global spinal implants market will continue to see growth between 2016 and 2020, according to medGadget.

Here are four notes:

 

1. The market will likely grow at a compound annual growth rate of 5.91 percent through 2020.

 

2. Outpatient spine surgery will boost the market, as it offers cost savings.

 

3. Spinal implant complications may hinder market growth.

 

4. Dominant vendors include West Chester, Pa.-based DePuy Synthes; Dublin, Ireland-based Medtronic; San Diego-based NuVasive; Kalamazoo, Mich.-based Stryker; and Warsaw, Ind.-based Zimmer Biomet.

 

More articles on devices:
Hip, knee orthopedic surgical implants to surge to $33B by 2022; Zimmer Biomet dominating market — 5 things to know
Bioventus appoints John Nosenzo new chief commercial officer: 7 thoughts
Xtant Medical CEO Dan Goldberger resigns: 5 key points

 

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